Indonesia's government has announced a significant shift in its electric vehicle (EV) policy, effectively ending nationwide tax breaks for EV owners and manufacturers. The move is part of a broader effort to decentralize control over EV incentives, allowing regional governments to determine their own policies and incentives. This change may have significant implications for the country's growing EV market, which has been driven in part by the previous tax breaks. As Indonesia looks to reduce its reliance on fossil fuels and meet its ambitious climate goals, the impact of this policy change on the country's EV industry will be closely watched.
Indonesia ends nationwide EV tax breaks, shifts control to regions Eco-Business
